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of <h1>Rupee Strengthens to 85.32 Against Dollar on Equity Gains, Easing Trade Tensions, and Cooler Inflation</h1> The Indian rupee gained 4 paise, closing at 85.32 against the US dollar, driven by domestic equity gains and positive macroeconomic indicators. The currency's movement was influenced by a weaker US dollar, easing trade tensions, and cooler inflation data. Crude oil price retreats and foreign institutional investor purchases further supported the rupee's performance, with market analysts anticipating potential trading ranges in the near term.
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